August 7, 2019: Enjin Coin (ENJ): Down 2.67%; 8th Consecutive Down Day

January 23, 2020: Enjin Coin (enj): Up 2.56%; 2nd Consecutive Up Day
January 23, 2020: Enjin Coin (enj): Up 2.56%; 2nd Consecutive Up Day
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How Did Enjin Coin’s Price Fare Yesterday?

Enjin Coin is down by approximately 2.67% from the previous day, with its price currently hovering around $0.07396 USD. This marked the the 8th day in a row Enjin Coin has been down; it is still in a downtrend, and is currently 12.86% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.074982 and $0.094761 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

Where to trade Enjincoin (symbol: ENJ): Gate, Yobit, Stex, Binance, Ethfinex

October 16, 2019: Enjin Coin (enj): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

As for Enjin Coin’s market cap, it is currently at about $56M US dollars.

Update on Transactions and Holders

Yesterday we did not see any transfers amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count drop by 0. To provide context, we’d rank this token as 36 out of the 37 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Enjin Coin’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.95%. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 10.07% of the currency’s total money supply. Exchange ownership grew by 0.72% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.29% over that time period.

Technical Development Status

In terms of how active the software development team working on Enjin Coin is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 06, 2019, or approximately 1 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.03 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.33.

The Latest on Enjin Coin and Social Media

In the past day, Enjin Coin’s Twitter followers and Reddit subscribers went up by 22 and 4, respectively. Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.

Where to Buy

You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex. October 16, 2019: Enjin Coin (enj): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

Article by SixJupiter